Kiip released its own app today, charmingly called “Kiipsake,” which acts as a digital wallet where people can store all their Kiip rewards. Kiip is a mobile network that delivers rewards for achievements that occur within games and apps. This hot startup recently raised $11 million in venture capital and has gained major traction, providing over “100 million moments of happiness” a month. It’s part of a growing number of companies focused on “gamification...

[...] The company is adding a "social gaming element" to its wallet with a program called Kuaplay. With Kuaplay, users can earn money with their wallet instead of just spending money with it.

Kuapay numbers among the mobile wallets that carry out transactions using QR codes scanned at the point of sale. The codes are linked to a Kuapay account, which in turn is linked to a credit or debit account.

Now with Kuaplay, users can scan their friends' Kuapay QR codes to unlock badges and earn money, or "KuaCredits," that can be spent at participating merchants....

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